It’s never too late to protect your portfolio with dividend-paying retirement stocks, like STAG Industrial (SYM: STAG).
Yielding 4.26%, the real estate investment trust (REIT) just declared a monthly dividend of $0.1233, payable June 17 to shareholders of record as of May 31.
The company – which leases industrial properties, such as warehouses and distribution centers to e-commerce companies – is also benefiting from consumers shifting to online shopping.
“Current projections estimate that by 2025, online shopping could represent one-quarter of all retail transactions,” says MidMichiganNow.com. “This shift is primarily driven by the convenience of shopping from home, which offers consumers the ability to browse and purchase without the need to travel, endure potential crowds, or face the disappointment of out-of-stock items.” As long as that trend continues, REITs like STAG should benefit.
